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Turborama (1000+ posts) Send PM | Profile | Ignore | Thu Apr-21-11 01:34 AM Original message |
Gold roars to all-time high for fifth straight session |
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SkyDaddy7 (1000+ posts) Send PM | Profile | Ignore | Thu Apr-21-11 04:56 AM Response to Original message |
1. I wonder if this is a big bubble getting ready to go POP!?! nt. |
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n2doc (1000+ posts) Send PM | Profile | Ignore | Thu Apr-21-11 08:40 AM Response to Reply #1 |
4. yep. Look at the charts |
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Art_from_Ark (1000+ posts) Send PM | Profile | Ignore | Thu Apr-21-11 09:08 AM Response to Reply #4 |
8. Charts don't really mean anything when it comes to gold |
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n2doc (1000+ posts) Send PM | Profile | Ignore | Thu Apr-21-11 09:11 AM Response to Reply #8 |
9. Believe that if you wish. I personally wouldn't touch either one right now. n/t |
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Art_from_Ark (1000+ posts) Send PM | Profile | Ignore | Thu Apr-21-11 09:24 AM Response to Reply #9 |
10. Gold is a world market |
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Turborama (1000+ posts) Send PM | Profile | Ignore | Fri Apr-22-11 01:34 AM Response to Reply #10 |
16. Is now a good time to sell 1 ounce gold Krugerands? |
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Art_from_Ark (1000+ posts) Send PM | Profile | Ignore | Fri Apr-22-11 06:39 AM Response to Reply #16 |
17. That's a good question |
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Selatius (1000+ posts) Send PM | Profile | Ignore | Thu Apr-21-11 05:17 AM Response to Original message |
2. People are moving their money into gold because they have low faith in the economy. |
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robcon (1000+ posts) Send PM | Profile | Ignore | Thu Apr-21-11 08:39 AM Response to Original message |
3. Inflation is coming. |
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n2doc (1000+ posts) Send PM | Profile | Ignore | Thu Apr-21-11 08:40 AM Response to Reply #3 |
5. Somehow the people buying bonds don't agree n/t |
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Recursion (1000+ posts) Send PM | Profile | Ignore | Thu Apr-21-11 08:49 AM Response to Reply #3 |
6. The very rich people piling in to bonds would be surprised if that happens |
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robcon (1000+ posts) Send PM | Profile | Ignore | Thu Apr-21-11 08:51 AM Response to Reply #6 |
7. The price of oil in dollars? Remember stagflation of the late 70's/early 80's? |
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Recursion (1000+ posts) Send PM | Profile | Ignore | Thu Apr-21-11 09:27 AM Response to Reply #7 |
11. OK, but then "inflation" will mean something different from what it historically has |
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Snoutport (1000+ posts) Send PM | Profile | Ignore | Thu Apr-21-11 09:28 AM Response to Original message |
12. Buy their gold now and in a few weeks the bottom drops out and they buy it all back |
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cbdo2007 (1000+ posts) Send PM | Profile | Ignore | Thu Apr-21-11 09:34 AM Response to Reply #12 |
13. "in a few weeks" - that's what they've been saying for YEARS!! |
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Art_from_Ark (1000+ posts) Send PM | Profile | Ignore | Thu Apr-21-11 07:15 PM Response to Reply #13 |
14. Yup, that's what they've been saying for years |
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roamer65 (1000+ posts) Send PM | Profile | Ignore | Thu Apr-21-11 08:31 PM Response to Original message |
15. Governments cannot stop their money creation. |
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KillCapitalism (1000+ posts) Send PM | Profile | Ignore | Fri Apr-22-11 07:17 AM Response to Original message |
18. If we have a total global economic collapse... |
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vssmith (1000+ posts) Send PM | Profile | Ignore | Fri Apr-22-11 07:24 AM Response to Reply #18 |
19. Could say the same for paper money |
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KillCapitalism (1000+ posts) Send PM | Profile | Ignore | Fri Apr-22-11 07:43 AM Response to Reply #19 |
20. Yep, same thing, but... |
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vssmith (1000+ posts) Send PM | Profile | Ignore | Fri Apr-22-11 08:22 AM Response to Reply #20 |
21. A little coarse |
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